China Requests WTO to Impose Trade Sanctions on U.S.

Advertisements

The Hill reports that China has requested that the World Trade Organization (WTO) impose sanctions on the United States, as the trade war between China and the United States continues to heat up:

“China is planning to request permission to impose sanctions against the U.S. amid an escalating trade war between the two countries.

Beijing will ask the World Trade Organization (WTO) if it can impose sanctions on the U.S. over alleged non-compliance with a 2016 ruling, Reuters reported.”

China claims that the United States continues to impose these duties even though the WTO has ruled several times that the way they are calculated is illegal.

The deadline for the U.S. to comply with the most recent ruling expired on August 22nd, China told the WTO last month, according to Reuters.

Meanwhile, on Monday, U.S. President Donald Trump has threatened additional tariffs on China imports worth about $267 million “if he wants.”

This summer, the Trump administration threatened to impose tariffs on various Chinese goods imported into the United States, including parts and supplies for printers and copiers. China, in turn, has threatened to impose tariffs on various U.S.-produced goods, including U.S.-made printers and copiers imported into China.

Various U.S.-based tech companies have spoken out against the tariffs. In July, Andy Binder, vice president and general manager of HP Inc.’s Office Supplies Solutions business, said that HP Inc. is seeking exclusions for tariffs on imported ink and toner cartridges. Binder also said that the tariffs would still allow knock-off toner and ink supplies to be sold in the United States.

Advertisements

More Resources

Advertisements
%d bloggers like this: